APM Terminals announced that the Costa Rican Supreme Court has ruled in favour of it and the Costa Rican government in an appeal filed by the port workers union. The appeal is against the 33-year concession contract for the new Moin Container Terminal (TCM) in Limon on the Caribbean coast of Costa Rica.
APM Terminals was contracted by the Costa Rican state and the port authority, JAPDEVA, for the design, finance, construction, operation and maintenance of the new Moin Container Terminal. The project, which is designed with a surface area of 80 ha, 500 m off the coast of Moin, 1500 m of berth, 9 STS gantry cranes and 39 yard cranes, in addition to a 2.2 km breakwater, will be wholly owned by the State of Costa Rica.
Paul Gallie, Managing Director of APM Terminals for Central America said, “The new Moin Container Terminal is a project of the Costa Rican State which will promote the country’s global competitiveness and the socioeconomic development of the province of Limón, which is why this verdict motivates us and strengthens our confidence in the judicial system.”
The TCM is a key component of JAPDEVA’s plan to modernize the Caribbean port complex of Limon/ Moin, including a cruise ship terminal, a general cargo terminal and the expansion of the petroleum terminal managed by RECOPE, a liquid bulk terminal operator.
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